Risk Factors Update Summary
- AFG now purchases $48 billion of recoverables from reinsurers, up from $3 billion previously.
- AFG faces credit risk with independent agents who may not pay owed premiums.
- AFG's revolving credit facility decreased from $500 million to $450 million in 2023.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1042046&owner=exclude
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